Mortgage broker in Leicester, from first call to keys
Whether you're buying your first home in Clarendon Park, moving up to Oadby or Birstall, remortgaging in Wigston or adding a buy-to-let near the universities, we help you find the right mortgage and explain everything clearly along the way. Family-run, covering Leicester and Leicestershire by phone, video or face to face.
Why use a mortgage broker in Leicester?
A mortgage broker compares mortgage products from a wide range of lenders, works out which ones you are likely to be accepted for and handles the mortgage application for you. Going direct to your bank means you only see that bank's mortgage deals. A broker can see thousands of mortgage options, including lenders that only work through intermediaries.
That matters in Leicester, where buyers range from first-time buyers on a single income to landlords with student lets and self-employed business owners with complex accounts. The best deal on a comparison site is not always one you will qualify for. Our job is to find a suitable mortgage deal that fits your personal circumstances, then manage the mortgage process from start to finish so it feels straightforward and stress-free.
Mortgage advice in Leicester for every kind of buyer
First-time buyers
Buying your first home in Leicester is still more achievable than in much of the South East. We help first-time buyers find out how much you can borrow, compare 5% and 10% deposit mortgages, use schemes such as shared ownership and get a mortgage in principle before you start viewing.
Moving home
Moving from a terrace in Westcotes to a family home in Glenfield, Syston or Thurmaston? We can look at porting your existing mortgage, borrowing more or taking a new deal, and time it so your sale and purchase line up.
Remortgaging
If your fixed rate is ending, remortgaging before you roll on to your lender's standard variable rate can cut your mortgage repayments. We compare a product transfer with the wider market, so you know you are getting the best mortgage available to you.
Buy to let
With two universities, the University of Leicester and De Montfort University, the city has a strong rental market. We arrange buy-to-let mortgages for first-time and portfolio landlords and limited company purchases, whether you purchase a buy to let or remortgage one.
Self-employed and complex income
Contractors, sole traders, company directors and people with bonuses or multiple jobs often need a specialist lender. As a self employed mortgage broker, we know which lenders will look at one year's accounts, retained profits or day rates.
Knowledge of the Leicester area
Leicester is a varied property market. Around the centre and the south of the city, areas such as Clarendon Park, Stoneygate and Knighton have Victorian and Edwardian terraces and larger period homes. To the north and west, Hamilton, Beaumont Leys and new developments such as Ashton Green and New Lubbesthorpe near Enderby offer more new build homes, which some lenders treat differently on loan to value. Towns such as Oadby, Wigston, Blaby, Braunstone, Evington, Hinckley and Loughborough each have their own character and price points.
Many buyers commute via the M1 and M69, or by train to London St Pancras in around an hour, which means Leicester attracts buyers relocating from London and Birmingham too. We also help clients further south in Market Harborough and across Northamptonshire.
Find out how much you can borrow
Book your free callHow the mortgage process works with us
- Free first conversation. We talk through your plans, income, deposit and credit history, and find out how much you can borrow.
- Research and recommendation. We search the market, recommend the most suitable mortgage and explain why, including all costs.
- Mortgage in principle. We arrange an agreement in principle so estate agents take your offer seriously.
- Mortgage application. Once your offer is accepted, we submit the full application, chase the lender and deal with the valuation.
- Mortgage offer to completion. We keep you, your solicitor and your estate agent updated until you receive your formal mortgage offer and complete.
We also review your insurance and protection needs, such as life insurance, critical illness cover and income protection, so your mortgage repayments are covered if something goes wrong. You decide whether to take any protection advice further.
Is it worth paying for a mortgage broker?
For most people, yes. A good mortgage broker saves time, reduces the risk of a declined application damaging your credit file, and often finds a better or more suitable mortgage deal than you would find alone. Brokers also help with the paperwork and keep the mortgage process moving when things stall.
Using a broker is particularly worth it if you are self-employed, have a small deposit, have had credit problems, are buying a new build or unusual property, or simply want someone to explain everything and act in your best interests throughout the process.
What is the average fee for a mortgage broker?
Broker fees in the UK vary. Some brokers charge nothing and are paid only by the lender's procuration fee. Others charge a fixed fee, commonly a few hundred pounds, or a percentage of the loan. Whatever the model, a broker must tell you how they are paid before you proceed. We explain any fee upfront, in writing, before you commit to anything.
What is the downside to using a mortgage broker?
The main downsides are a possible fee, and that not every broker is whole of market; some work from a limited panel of lenders. Some direct-only deals are not available through any broker, although these are rarely the best overall. Ask any broker how many lenders they use, how they are paid and whether they are regulated. All mortgage brokers in the UK must be regulated by the Financial Conduct Authority.
Going direct to a bank
One lender's products. You fill in the forms and chase the application yourself. If you are declined, you start again.
Using a Leicester broker
A wide range of lenders compared. Applications placed where you are likely to be accepted. We chase everyone until you complete.
Can you recommend a mortgage adviser in Leicester?
Look for an adviser with strong independent reviews, who explains everything clearly, answers the phone and is happy to tell you how they are paid. We are proud of our five-star Google reviews, where clients regularly say we made the whole process easy and went above and beyond. Book a free call and judge for yourself.
Leicester mortgage questions, answered
Can I get a mortgage in Leicester with bad credit?
Often, yes. Specialist lenders consider missed payments, defaults and CCJs, depending on how recent and how large they were.
What documents do I need for a mortgage application?
Usually photo ID, proof of address, three months of payslips and bank statements, and proof of deposit. Self-employed applicants need tax calculations or accounts.
Do you offer a free initial consultation?
Yes. The first conversation is free and without obligation.
Get in touch with a Leicester mortgage broker
Book your free mortgage call today. We will find out how much you can borrow and show you the options available to you.
Book your free mortgage callYour home may be repossessed if you do not keep up repayments on your mortgage. This page is general information, not a personal recommendation.